Laurance Roberts - Jun 22, 2023 Form 4 Insider Report for El Pollo Loco Holdings, Inc. (LOCO)

Role: CEO & PRESIDENT, Director
Signature: /s/ Anne E. Jollay
Stock symbol: LOCO
Transactions as of: Jun 22, 2023
Transactions value $: -$313,539
Form type: 4
Date filed: 6/26/2023, 05:31 PM
Previous filing: May 22, 2023
Next filing: Aug 9, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LOCO	Common Stock	Options Exercise	$153K	+35.3K	+18.42%	$4.34	227K	Jun 22, 2023	Direct	F1
transaction	LOCO	Common Stock	Options Exercise	$107K	+24.6K	+10.84%	$4.34	252K	Jun 22, 2023	Direct	F1
transaction	LOCO	Common Stock	Sale	-$574K	-60K	-23.82%	$9.57	192K	Jun 22, 2023	Direct	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	LOCO	Stock Options (right to buy)	Options Exercise	$0	-35.3K	-58.93%	$0.00	24.6K	Jun 22, 2023	Common Stock	35.3K	$4.34	Direct	F1
transaction	LOCO	Stock Options (right to buy)	Options Exercise	$0	-24.6K	-100%	$0.00^*	0	Jun 22, 2023	Common Stock	24.6K	$4.34	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 7, 2022.
F2	Reflects a weighted-average price. These shares were sold in multiple transactions at prices ranging from $9.40 to $9.90 per share, inclusive. The Reporting Person undertakes to furnish to the Issuer, any requesting shareholder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, complete information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Content

The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 7, 2022.

Reflects a weighted-average price. These shares were sold in multiple transactions at prices ranging from $9.40 to $9.90 per share, inclusive. The Reporting Person undertakes to furnish to the Issuer, any requesting shareholder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, complete information regarding the number of shares sold at each separate price within the range set forth in this footnote.